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IRR, NPV, and NFV Functions
The
R
key is multifunctional, and consecutive presses calculate:
•
the annual Internal Rate of Return (IRR%);
•
the Net Present Value (NPV) of the entered cash flows,
based on an entered desired Rate of Return, and the stored
Payments per Year
(default = 12)
;
•
the Net Future Value; and
•
(re-display of) the entered Rate of Return.
Note: If you wish to skip directly to the NPV calculation, press
s R
.
The desired Rate of Return is entered prior to performing the calcu-
lation (as shown in the following examples), or can be stored in the
ˆ
key. If a desired Rate of Return is not entered prior to perform-
ing the IRR, NPV, and NFV calculations, then the stored Interest
Rate is used as the desired Rate of Return.
See the following examples for entry of Cash Flows and Frequencies,
and IRR, NPV, and NFV calculations.
Note: The last example provides instructions on how to modify or recall Cash Flows
and Frequencies.
